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For saleNew listingMLS® X14148678

111 Niagara Boulevard 1, Fort Erie, ON L2A 3G3

Central · L2A 3G3

$1,680,000

$560 / sq ft

Listed yesterday

Bedrooms
3
Bathrooms
4
Total area
3,000 sf
Parking
30
Lot
30.08 × 68 ft

What's special

  • 30 parking spaces
  • Central air
  • Finished basement
  • Fireplace
  • Accessory apartment
  • Intercom
  • Carpet free

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About this property

An exceptional opportunity in one of Fort Erie's most recognizable waterfront corridors. This fully improved, three-level mixed-use commercial property offers nearly 3,500 sq. ft. of finished space and exceptional flexibility for an investor or owner-operator. The main level is a fully equipped commercial space ideally suited for a café, cocktail lounge, wine bar, dessert concept, or hybrid food-and-beverage destination. Features include a kitchenette, bar area, wine cellar, patio seating, exterior service window ideal for ice cream, coffee and seasonal grab-and-go sales, and two 2-piece bathrooms. Liquor licence is transferable and the turn key business known as "Sophia's Cocktail Lounge" along with the chattels, are included with the sale. The second and third levels feature a spacious three-bedroom, two-bathroom apartment, providing additional income potential or an excellent owner's residence. The apartment also features an impressive 560 sq. ft. rooftop terrace and exceptional views of the waterfront. The property is equipped with a monitored security system and offers plenty of parking on the gated property next door, secured through a fully paid 49-year land lease. Ideally positioned near the Niagara River and Peace Bridge, the property benefits from consistent local, tourist and cross-border traffic. A rare opportunity to acquire a versatile, ready-to-operate commercial property with multiple potential revenue streams and minimal startup requirements.

Features

  • Accessory Apartment
  • Intercom
  • Carpet Free

Property details

Property

Property type
retail
Bedrooms
3
Bathrooms
4
Interior size
3,000 sq ft
Lot size
30.08 × 68 ft
Zoning
C2
Possession
Flexible

Interior

Basement
Partial Basement, Unfinished
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
1
Exposure
East

Exterior & services

Construction
Stucco (Plaster)
Parking spaces
30
Sewer
Sewer

Costs

List price
$1,680,000
Property taxes
$9,400 / year (2025)
Price per sq ft
$560

Listing

MLS® number
X14148678
Status
For sale
Listed
November 4, 2026
Days on market
1
Last updated
November 4, 2026
Listing brokerage
REVEL Realty Inc., Brokerage

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 67% of comparable retail listings in Fort Erie are asking less.

$480KMedian $899K$2.50M
This home
$560 / sq ft
Comparable median
$403 / sq ft

Based on 15 comparable active retail listings in Fort Erie. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $336,000
$336,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,431.21
Property tax (est.)
$783.33
Estimated monthly
$8,215

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$30,075
Total due on closing
$30,075

An estimate on the asking price of $1,680,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REVEL Realty Inc., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,680,000

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